The Phoenix Suns have traded Josh Jackson, De'Anthony Melton, a 2020 second round pick and a 2021 conditional second round pick to the Memphis Grizzlies for Kyle Korver and Jevon Carter.

The Grizzlies acquired Korver as part of the Mike Conley trade.

This move clears the necessary cap space for the Suns to sign Ricky Rubio to his three-year, $51 million deal.